Investor Presentation Acquisition of the Strategic Prophet River Ge-Ga Project

CleanTech Lithium PLC (AIM: CTL), an exploration and improvement firm advancing sustainable lithium initiatives in Chile, declares that it now expects the Australian Securities Change (“ASX”) itemizing to launch in April and full in Could. Whereas the ASX itemizing course of is taking longer than initially anticipated, the Board and our advisers imagine that ready for a constructive choice by the top of March on coming into the streamlined direct negotiation course of for the Particular Lithium Working Contract (“CEOL”) for Laguna Verde and finishing the Pre-Feasibility Examine (“PFS”) will considerably strengthen our funding case within the Australian market.

The Firm additionally recognises that, below ASX itemizing guidelines, it’ll now have to incorporate 2024 year-end audited financials (“2024 Financials”) within the ASX-listing Prospectus earlier than the Prospectus may be printed. The 2024 Financials are well-advanced and anticipated to be launched by the Firm earlier than the top of March 2025, some three months sooner than usually deliberate in order that the Prospectus may be finalised shortly thereafter. The Prospectus will even embody outcomes of the PFS, which is progressing nicely and is anticipated to be finalised and printed in April.

The Firm has been knowledgeable by Tony Esplin, nominated as CEO designate in November 2024, that he has reconsidered his place and, for private causes, won’t be taking on his meant appointment as CEO. Mr Esplin’s appointment was conditional on the profitable itemizing of the Firm on the ASX which is now anticipated to finish in Could. The Firm´s Government Chairman, Steve Kesler, will proceed as interim CEO while the Board re-engages with various candidates because the CEO to guide CleanTech Lithium into its subsequent part of development.

Steve Kesler, Government Chairman, CleanTech Lithium PLC commented:

“We imagine that pushing out the ASX itemizing to incorporate the decision permitting the Firm to enter direct negotiation with Authorities on the CEOL and outcomes from the PFS will likely be taken positively by Australian traders. We remorse that Tony has determined to withdraw from the proposed appointment as CEO, and we’ll begin to re-engage with different excessive calibre candidates instantly.”

The Board believes the ASX itemizing will improve shareholder worth and can present additional updates on the ASX itemizing and CEO search in the end.

Investor Webinar

CleanTech Lithium will likely be internet hosting a stay webinar by way of the London Inventory Change platform Spark Dwell on Wednesday 26^th February. This webinar will start at 13:00 GMT and traders can register totally free by way of this hyperlink: https://shorturl.at/5020m

Beaumont Cornish Restricted (“Beaumont Cornish”) is the Firm’s Nominated Adviser and is authorised and controlled by the FCA. Beaumont Cornish’s duties because the Firm’s Nominated Adviser, together with a duty to advise and information the Firm on its duties below the AIM Guidelines for Corporations and AIM Guidelines for Nominated Advisers, are owed solely to the London Inventory Change. Beaumont Cornish is just not performing for and won’t be accountable to another individuals for offering protections afforded to prospects of Beaumont Cornish nor for advising them in relation to the proposed preparations described on this announcement or any matter referred to in it.

Notes

CleanTech Lithium (AIM:CTL) is an exploration and improvement firm advancing lithium initiatives in Chile for the clear vitality transition. Dedicated to net-zero, CleanTech Lithium’s mission is to develop into a brand new provider of battery grade lithium utilizing Direct Lithium Extraction know-how powered by renewable vitality.

CleanTech Lithium has two key lithium initiatives in Chile, Laguna Verde and Viento Andino, and exploration stage initiatives in Llamara and Arenas Blancas (Salar de Atacama), positioned within the lithium triangle, a number one centre for battery grade lithium manufacturing. The 2 most superior initiatives: Laguna Verde and Viento Andino are located inside basins managed by the Firm, which affords vital potential improvement and operational benefits. All 4 initiatives have good entry to current infrastructure.

CleanTech Lithium is dedicated to utilising Direct Lithium Extraction with reinjection of spent brine leading to no aquifer depletion. Direct Lithium Extraction is a transformative know-how which removes lithium from brine with increased recoveries, brief improvement lead occasions and no intensive evaporation pond development. www.ctlithium.com

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